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House Punts Doc-Fix Problem to March

As part of a defense spending bill passed yesterday in the House, Democratic leaders included funding to prevent a 21-percent cut in Medicare payments to

Jul 31, 2020
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As part of a defense spending bill passed yesterday in the House, Democratic leaders included funding to prevent a 21-percent cutin Medicare payments to doctors, which was scheduled to hit Jan. 1. But the relief doesn’t last long. Instead, Democrats delayed the cuts just two months, meaning that Congress will be forced to come back to the issue early next year in search of a longer-term solution.
Not only will that not be cheap (failed legislationproviding a permanent fix scored near $250 billion), but it also puts Democrats in the awkward position of taking up an urgent health care bill just weeks after they’re likely to enact the most sweeping health care reforms in decades. That the enormous reform bill doesn’t tackle the so-called doc-fix — one of the thorniest and most expensive problems facing the nation’s health care system — will surely leave some voters scratching their heads.
Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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